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Is Bitcoin Digital Gold? The Federal Reserve Tears Narrative With New Report

If you’ve been following Bitcoin for any period of time, you likely know of the narrative that the cryptocurrency is some form of “digital gold.” The idea goes that because the asset has similar fundamental characteristics to the precious metal — both are decentralized money, scarce and hard to create, not controlled by a central authority, globally-accepted, and fungible — Bitcoin will become a gold-like asset with time, both in size and price action. According […] дальше »

2020-4-20 13:00


Bitcoin can achieve 'moneyness' if it survives its 'hard-coded monetary policy'

Bitcoin and Ethereum, both are capable of becoming the world's first non-sovereign digital money, however, both coins have to deal with a few shortcomings to reach that position. A recent report analyThe post Bitcoin can achieve 'moneyness' if it survives its 'hard-coded monetary policy' appeared first on AMBCrypto. дальше »

2020-4-11 19:30


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Tech Giant Microsoft Patents New Bitcoin (BTC) Mining System 

Tech giant Microsoft has patented a new crypto mining solution that uses human bodily activity data to reward people with digital currency when they perform certain tasks. The firm says the new system aims to reduce computational energy consumed during mining while also making the mining process faster, according to a report released April 6,Read MoreRead More. дальше »

2020-4-8 01:00


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Bitcoin Halving Capitulation: ‘Mining Death Spirals Don’t Happen in Real Life,’ Says Report

As the bitcoin halving approaches, crypto-mining ‘death spirals’ and miner capitulation have become prominent topics among digital currency enthusiasts. Despite the trending discussions, Coinshares head of research Christopher Bendiksen published a study that says “[bitcoin] mining death spirals do not actually happen in real life” and the speculation is a “highly theoretical edge case. дальше »

2020-4-1 23:30


China Moves Closer to Issuing its Digital Currency in the Face of Coronavirus: Report

The People's Bank of China is getting nearer to releasing its digital currency, reports The Global Times. According to the latest report, China’s central bank in collaboration with private companies has completed the development of the basic function of the autonomous digital currency and is now drafting laws for its circulation. Many companies in the […] дальше »

2020-3-24 18:23


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Coronavirus: Millennials Choose Bitcoin as the Best Investment

iTrustCapital, a Los Angeles-based firm that enables clients to buy and sell bitcoin (BTC) and other cryptocurrencies, as well as physical gold in retirement accounts on a 24/7 basis, has released its latest survey report which reveals that most millennials prefer to invest in digital assets and gold in the wake of the coronavirus pandemicRead MoreRead More. дальше »

2020-3-4 22:00


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KPMG Report: Tremendous Profit Potential for Cryptocurrency Custodians in the Industry

According to a Bloomberg report published on March 2, 2020, auditing giant KPMG has stressed that the cryptocurrency industry must improve how it secures digital assets in order to keep growing. KPMG Emphasizes the Security of Digital Assets Bitcoin (BTC), the first cryptocurrency developed during the aftermath of the 2008 financial crisis has been inRead MoreRead More. дальше »

2020-3-3 02:00


BIS Latest Report Discusses How Payment Are Evolving With Tokenization and CBDC’s

Bank of International Settlements (BIS) researchers focusing on the payments’ future, reveals their latest quarterly report released on Sunday. The paper has 138 pages and looks at what’s on the horizon in the financial sector, especially since tokenization, central bank digital currencies (CBDCs) and cross-border payments are starting to be more and more in trend. […] дальше »

2020-3-3 01:48


Increased Safeguards Is Needed For Crypto Growth As Nearly $10B Has Been Stolen: KPMG

Ever since 2017, hackers have stolen over $9.8 billion in digital assets due to poorly written code or lax security, according to a KPMG report from Monday. Furthermore, the accounting firm added that the adoption of cryptocurrencies like Bitcoin (BTC) and Ether (ETH) by institutional investors has increased competition amongst investors seeking to occupy a […] дальше »

2020-3-3 23:42